Euro Tech Holdings Co (Euro Tech Holdings Co) Debt-to-Equity : 0.02 (As of Jun. 2023)

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What is Euro Tech Holdings Co Debt-to-Equity?

Euro Tech Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.17 Mil. Euro Tech Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.14 Mil. Euro Tech Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $13.54 Mil. Euro Tech Holdings Co's debt to equity for the quarter that ended in Jun. 2023 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Euro Tech Holdings Co's Debt-to-Equity or its related term are showing as below:

CLWT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.07
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Euro Tech Holdings Co was 0.07. The lowest was 0.01. And the median was 0.02.

CLWT's Debt-to-Equity is ranked better than
93.51% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs CLWT: 0.02

Euro Tech Holdings Co Debt-to-Equity Historical Data

The historical data trend for Euro Tech Holdings Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Euro Tech Holdings Co Debt-to-Equity Chart

Euro Tech Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.04

0.03

Euro Tech Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.04	0.01	0.03	0.02

Competitive Comparison of Euro Tech Holdings Co's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Euro Tech Holdings Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Euro Tech Holdings Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Tech Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Euro Tech Holdings Co's Debt-to-Equity falls into.

Euro Tech Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Euro Tech Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.335	+	0.087)	/	13.772
	=	0.03

Euro Tech Holdings Co's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.166	+	0.137)	/	13.54
	=	0.02

Euro Tech Holdings Co (NAS:CLWT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Euro Tech Holdings Co Debt-to-Equity Related Terms

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Euro Tech Holdings Co (Euro Tech Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Tech Holdings Co Ltd (NAS:CLWT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Wong Chuk Hong Road, Unit D, 18th Floor, Room C & D, Gee Chang Hong Centre, Hong Kong, HKG

Website

https://www.euro-tech.com

Euro Tech Holdings Co Ltd is a distributor and manufacturer of technology instruments as well as an environmental engineering services provider. It is engaged in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, supplies, and related automation systems. There are two operating segments of the company. The Trading and manufacturing segment, which is the key revenue driver, includes distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and related supplies and power generation equipment. The Engineering segment includes water and waste-water treatment engineering and air pollution control business. The majority of the revenue is generated from Hong Kong.